7830 Sinaloa Avenue Atascadero, CA 93422
Listing Courtesy of: CRMLS / Century 21 Hometown Realty / Richard Shannon / CENTURY 21 Hometown Realty / Jennifer "Jen" Michels

  7830 Sinaloa Avenue Atascadero, CA 93422

Pending (8 Days)
$1,150,000

Description

Welcome to the epitome of investment opportunities! This income-producing quadruplex is fully leased with tenants who have been there for the long term [Unit A 20+ years]. Each of the 4 Units boasts 2 bedrooms and 1 full bath and is approximately 850 SQ FT. There is an on-site laundry room and covered parking at the rear of the property. Each unit also contains a forced air gas heater and a wall A/C Unit. Stucco exterior and a newer composition roof [approximately 4 years old]. Currently rented below market rate with potential for enhanced revenue through adjustments to rental rates. Unit A has not been updated in approximately 20 years and could use some TLC. Unit D was recently updated with new flooring, cabinets, and countertops. Units B & C are in decent condition but slightly aged. This Quadruplex is in a prime location, located centrally between beautiful San Luis Obispo and Paso Robles [wine country and the ocean!] and is close to Atascadero's growing downtown. Easy walking distance to shopping and restaurants and near essential services. Don't miss this opportunity!

MLS #:
NS24008679
Lot Size
0.27 acres
Type
Multifamily
Year Built
1973
County
San Luis Obispo County
Community
Atnortheast(10)

Listed By

Richard Shannon, DRE #00619856 CA, Century 21 Hometown Realty, Contact: 805-878-3077
Jennifer "Jen" Michels, DRE #02091420 CA, CENTURY 21 Hometown Realty
Source
CRMLS
Last checked Mar 4 2024 at 4:19 AM PST
Bathroom Details
Interior Features
  • Laundry: Common Area
  • Laundry: See Remarks
Subdivision
  • Atnortheast(10)
Lot Information
  • 0-1 Unit/Acre
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • Carport
Stories
  • 2
Additional Listing Info
  • Buyer Brokerage Commission: 2.500
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.